Prestige Assurance posted N4.792bn Turnover in Full Year 2018

Prestige Assurance Plc released its report for the year ended December 31, 2018 on Monday 15th April, 2018. The group grew turnover by 25.83% to close at N4.792 billion from the previous close of N3.808 billion in 2017.

Profit after Tax (PAT) closed lower, down by 20.32% to settle at N423 million against the previous PAT of N531 million in 2017

For the period under review, earnings per share (EPS) is currently N0.08 compared to the previous EPS of N0.10 in 2017

With reference to the share price of N0.50 the PE ratio of Prestige Assurance stands at 6.35x with earnings yield of 15.75%.


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